On December 27, 2020, the President signed the Consolidated
Appropriations Act, 2021, which includes long-awaited measures in
response to the COVID-19 pandemic and resulting economic crisis.
The new law follows measures enacted earlier this year, including
the
Coronavirus Aid, Relief, and Economic Security Act (CARES Act),
the
Families First Coronavirus Response Act and the
Paycheck Protection Program Flexibility Act of 2020.
The latest COVID relief legislation was enacted as part of
Congress' fiscal year (FY) 2021 appropriations bill, and
includes provisions impacting a wide variety of stakeholders. The
following chart highlights some noteworthy provisions. Please note,
however, that the situation surrounding COVID-19 is evolving and we
encourage contacting your Holland & Knight lawyer for timely
advice and the latest developments.
